File #: 17-0464    Version: 1 Name: Settlement With MBIA Of The AMBAC Bond Insurance Case
Type: City Resolution Status: Passed
File created: 12/14/2017 In control: *Special Concurrent Meeting of the Oakland Redevelopment Agency/City Council
On agenda: 12/18/2017 Final action: 12/18/2017
Title: Subject: Settlement With MBIA Of The AMBAC Bond Insurance Case From: Office Of The City Attorney Recommendation: Adopt A Resolution Authorizing And Approving Settlement Of The City's Lawsuit Against Defendants MBIA Inc., MBIA Insurance Corporation, National Public Finance Guarantee Corporation, And Jason Kissane (Collectively, "MBIA") In The AMBAC Bond Insurance Cases For MBIA's Payment Of $50,000
Attachments: 1. View Report, 2. 87009 CMS

Title

Subject:                     Settlement With MBIA Of The AMBAC Bond Insurance Case

From:                                          Office Of The City Attorney

Recommendation: Adopt A Resolution Authorizing And Approving Settlement Of The City's Lawsuit Against Defendants MBIA Inc., MBIA Insurance Corporation, National Public Finance Guarantee Corporation, And Jason Kissane (Collectively, "MBIA") In The AMBAC Bond Insurance Cases For MBIA's Payment Of $50,000